Aussie

Trading Basics

Aussie

Aussie or Ozzie are short hand terms for the AUD/USD currency pair

Other Trading Basics

Balance of Trade

Also BoT. This is the difference between trade into or out of a country.

Experts and imports. It can be negative or positive and is used by traders in fundamental analysis.

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Contango

This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.

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